Real Estate Investing 101: How to Take Advantage of Low-Down-Payment Loan Programs
Purchasing a multifamily property and occupying one of the units is a smart investment strategy for real estate investors. By taking advantage of special loan programs that offer low down payments like FHA and VA loans, you can maximize profits and minimize expenses. Hurst Lending specializes in providing low-down-payment loans for real estate investors, offering a variety of loan programs with exceptional customer service and a streamlined loan application process.
What is the Seasoning Requirement for Refinance?
If you’re a real estate investor looking to refinance a property, you may run into seasoning requirements. These requirements can limit your ability to access the equity in the property, which can be a problem if you need to fund other investments. However, seasoning is required by lenders to reduce the risk of default and provide a more accurate picture of the property’s value. It’s important to understand how seasoning works and how it can affect your ability to refinance a property.
What is a Buy Before You Sell Mortgage?
Are you looking to buy a new home before selling your current one? A buy before you sell mortgage program may be the solution you need. With options such as bridge loans and home equity loans, you can use the equity in your existing home as collateral for your new mortgage. But be aware of the potential higher costs. Read on to learn more about this option.
What is a Cash Mortgage?
A cash mortgage is a type of mortgage where the buyer pays for the property in full, without taking out a loan from a lender. A cash mortgage is an excellent option for buyers who have the financial means to pay for a property in full.
What is a Bridge Loan and How do They Work?
In our latest blog post, we explore what a bridge loan is, how it works, and why it can be a valuable financing option for real estate investors. We also provide examples of how real estate investors can use bridge loans to their advantage, and why Hurst Lending is the ideal partner to help you with your real estate financing needs.
How to Access Your Equity With a Texas Cash-Out Loan
Looking to refinance your mortgage and get cash-out in Texas? Learn about the rules and regulations of cash-out refinance, how it works, and whether it is allowed in Texas in this informative and persuasive 2000-word article. Hurst Lending can help guide you through the process and make informed decisions about your mortgage.
Who Qualifies for a Texas Vet Loan?
Looking to purchase a home in Texas? Learn about Texas Vet Loans, a mortgage loan specifically designed for veterans and their families. Find out who qualifies and the advantages of this type of financing. Contact Hurst Lending for more information and to see if you’re eligible.
Is it Better to Buy Before You Sell?
This article explores the pros and cons of buying before selling and selling before buying when it comes to purchasing a new property. We provide examples and help you make an informed decision, and conclude with how Hurst Lending can help with your mortgage needs.
How to Prepare for Homeownership
Hurst Lending and our AgsReward division are very involved with the Texas A&M community. As such, we hear from a lot of recent graduates who have questions about when and how they should prepare to buy a house. Generally speaking, as people get older, we tend to...
Rehab Loans
Does Hurst Lending offer rehab loans? Does Hurst Lending lend based on after repair value? The answer is absolutely to both! In the state of Texas, Hurst lends to real estate investors based on the after repair value (ARV) of a property that needs some updating or...